£199,999
To be eligible to purchase a Pocket home at this scheme, buyers will need to:
- Have a household income of no more than £90,000 per annum
- Be a first time buyer
Own 100% of your home for just £199,999!
Flat 50 will be offered with a brand-new furniture pack and includes a washing machine and dishwasher. You will benefit from a 2-year defect period. Create a My Pocket account to book in for a viewing!
All homes will benefit from access to a 9th floor landscaped Social Garden, 20th floor Nordic Garden and 21st floor Hidden Garden - all with fantastic views over south London - as well as a residents' lounge, a co-working space and a wellness room, all equipped with Hyperoptic Wi-Fi.
Addiscombe Grove CR0 is located just a two minute walk from East Croydon station, providing speedy transport links into central London as well as links across south London via the Tramlink service.
Pocket homes at Addiscombe Grove are sold at a 20% discount to people who meet the following eligibility criteria: Must be a first time buyer, earn below £90,000 annually, and live or work in London. When the time comes to resell a Pocket home, you will initially have to try to find a buyer who meets the eligibility criteria and subletting is only permitted in extenuating circumstances - see brochure for further details. Addiscombe Grove CR0 is a car-free development (apart from the designated parking spaces provided for blue badge holders) and homeowners cannot apply for a residents' permit. These homes come with a 122-year lease and with a peppercorn ground rent.
A Residents Management Company (RMC) has been formed by homeowners at Addiscombe Grove. A communal boiler delivers heating and hot water; each resident is billed according to their own controlled usage and cannot change gas suppliers. Wiring for Sky+/Sky Q, BT telephone and BT Openreach Fibre and residents will receive a Hyperoptic Wi-Fi installed with a 3-month free service - please refer to Ofcom Checker for mobile phone/broadband coverage in the local area. There is no commercial premises based on-site. Images are of a typical Pocket home, not Flat 50 specifically.
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.